| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Singa 6
|
RM 370,000
|
RM 240
|
1,539 sqft
|
|
|
Taman Sin Hoe
|
RM 457,000
|
RM 285
|
1,604 sqft
|
|
|
Lorong Sin Hoe5
|
RM 428,000
|
RM 254
|
1,682 sqft
|
|
|
Jalan Rusa
|
RM 350,000
|
RM 186
|
1,879 sqft
|
|
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Market Snapshot
ResidentialRM 370,000
RM 240 psfMedian transaction price
Jalan Bukit Baru, Taman Sin Hoe, 75150 Melaka, Malaysia
MapsTaman Sin Hoe in Melaka Tengah, Melaka recorded 4 subsale transactions in 2022, with a median price of RM 399K and a median price per square foot (PSF) of RM 247.
This area contains both residential and commercial properties. View 10 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 399K, with most transactions falling within a stable range of RM 356K to RM 442K, and a typical market range of RM 350K to RM 457K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 247, with core pricing between RM 212 and RM 283. Market pricing typically extends from RM 191.07 to RM 303.82, reflecting moderate variation in unit pricing. With an IQR of RM 112.75 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.